Perpetual DEXs: The New Frontier in Crypto Trading

🔥 Hot Take: Move over CEXs, Perpetual DEXs are taking the crypto world by storm! 🌩️

🔍 In-Depth Look: Ditch the old-school CEXs! The crypto universe is witnessing a paradigm shift with Perpetual DEXs leading the charge. They're not just a trend; they're rewriting the rules of crypto trading! We expect perp dex protocols to outperform during the next market cycle. 🌍

🔐 Unmatched Transparency: With DEXs leveraging smart contracts, say goodbye to hidden agendas and market manipulations. Enjoy a trading experience that's as clear as crystal! 🌈

💸 Revenue Revolution: It's not all about making profits; it's about sharing them too. DEXs are changing the game by redistributing earnings back to the community - traders and liquidity providers alike. Everyone wins! 🏆

📊 Liquidity for All: Gone are the days of illiquid altcoins. DEXs are leveling the playing field, ensuring even the less popular coins get their fair share of liquidity. It's a liquidity bonanza! 💧

🗝️ Self-Custody Security: With DEXs, your assets stay in your control. Trade directly from your wallet, ensuring unmatched security and peace of mind. Your keys, your crypto! 🔑

🚀 Rising Stars: Keep your eyes on trailblazers like dYdX and GMX. These platforms are not just participating in the market; they're defining it with their cutting-edge approaches. 🌠

📈 Bullish Prospects: The numbers don't lie - DEXs are on a trajectory to skyrocket their market share. The future looks not just bright, but dazzling for DEXs! ✨

🔥 Final Takeaway: Perpetual DEXs are more than just a passing fad; they're the future of secure, transparent, and equitable crypto trading. Jump on the bandwagon and be part of the revolution! 🌟

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👀 We will be launching an in-depth analysis of the perp dex landscape for our premium users 🚀📰

BlockBuzz™️

Quick Hitters from the week

• OKX Revolutionizes Derivatives Trading: Now live with risk-free derivatives linked to assets on exchange. Partnership grows with CoinShares and Komainu.

• Redstone Enters the Ring: In testnet, Redstone emerges as an alt DA chain to Optimism. Created by Lattice, it's the new plasma rollup chain to watch.

• SC Ventures Unveils Libeara: Standard Chartered's fintech arm launches a cutting-edge tokenization platform. First up? A tokenized Singapore dollar government bond fund with FundBridge Capital.

• Singapore's Tokenization Test Drive: The central bank, with JPMorgan, DBS, and BNY Mellon, begins trials in digital asset trades and multicurrency settlements. MAS leads the charge!

• OKX Eyes Brazil: Plans to launch a regulated platform soon, aligning with Central Bank regulations for a seamless Brazilian entry.

• India's Supreme Court Sidesteps Crypto Regulation Petition: Dismisses plea for guidelines on crypto trading and mining, citing misuse of constitutional articles.

• JPMorgan and Apollo's Blockchain Breakthrough: Collaborating with blockchain firms to demonstrate tokenization in asset management. Expect innovations in trades and automated management!

• Hex Trust Bags Dubai License: Now a fully licensed crypto custodian under Dubai's VARA, ready to serve institutional clients with top-notch crypto custody services.

• Blockchain[.]com's Series E Success: Wraps up a $110 million round, though at a reduced $14 billion valuation. Kingsway Capital leads, with Lakestar, Lightspeed, and Coinbase Ventures chipping in.

• Manny Pacquiao Foundation Embraces Shibarium: The boxing legend's foundation to use Shiba Inu's blockchain for fundraising, continuing its embrace of SHIB donations

The Twitterverse

A collection of the most interesting stuff on Crypto Twitter this week

DyDx is set to gain traction as it launches perps

Phenom News

Stay up to date with the latest news and trends

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